




522 S State St, Belvidere, IL, 61008
About This Home
Prime Downtown Belvidere Mixed-Use Investment Opportunity! This turnkey property offers strong, immediate cash flow with an established bar on the main level featuring a full kitchen, 5 gaming machines, and 3 pool tables. Upstairs, you'll find five fully occupied residential lofts, each equipped with a stove, refrigerator, and microwave, and occupied by long-term tenants. The building has been well maintained and features central air conditioning throughout. Located in the heart of Downtown Belvidere and just minutes from the planned Metra station expected in 2027, this property is well positioned for future growth, increased demand, and long-term appreciation. A rare opportunity to acquire a fully occupied, income-producing asset in a rapidly developing area.
Getting Around
Schools
Construction
Condition
- Year built: 1889
Materials
- Roof: Metal
- Construction materials: Concrete
Type & Style
- Home type: MultiFamily
- Property subType: 5+ Units
Interior
Appliances
- Appliances included: Microwave,Refrigerator,Stove/Cooktop,Oven,Gas Water Heater
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
Features
- Finished area below ground: 1,000
- Finished area above ground: 3,180
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 4,180
- Total interior livable area: 4,180 sqft
Property
Details
- Parcel number: 0525360007
Features
- Levels: Two
- Stories: 2
Parking
- Total spaces: 20
- Parking features: Additional Parking
